When you need a home inspection, you want to make sure you get a good one here in the Dauphin Island area. First, you need to know what a good home inspection is. Then you need to know how to find a home inspector who can, and will, give you the home inspection that serves you well. And last, you want to know how much you should pay for this quality home inspection by a good home inspector.
The Top Six Myths About Home Inspections
If you have bought or sold a home, you might have experienced an independent home inspection. This type of home inspection is designed to provide both buyers and sellers with critical information about the health of the home's systems - heating and cooling, electrical, plumbing, water tightness, roof condition, and safety. This type of inspection is highly detailed and provides a wealth of information on the home. While this type of inspection is not required, it can help buyers avoid a "money pit" and can help sellers understand what things might turn buyers away.
A friend wrote me recently to say that they bought a house and had expected the home inspector to look for termites. After they moved in, they decided to remodel. They discovered that termites had completely eaten the wood structure in 3 walls.
I told them that one of the things home inspectors do not do is inspect for pests, since they are not qualified to identify them. Pest control professionals are qualified to find pest infestations, and should be called in before the purchase. Most of the time your real estate agent will suggest what inspections you should be getting to protect yourself.
This got me thinking about home inspection myths. Here are the top 6 myths.
* Home inspectors inspect for termites. Myth! Unfortunately for the couple above who believed this, repairs were very expensive.
* You should not attend the inspection on the home you are buying, because it will disturb the inspector. Myth! Inspectors appreciate their clients attending the inspection and know they can fully communicate the issues with them. Sometimes written reports do not explain everything fully. If the clients are out of town and cannot attend the inspection, they should hold a conference call to discuss report items as soon as practical after the report is completed.
* The seller is responsible for fixing everything the inspector finds wrong. Myth! Repairs, even serious ones, are negotiable. The sellers may be able to back out of a deal, however, if the inspector discovers serious defects.
* New construction requires an independent home inspection to get the Certificate of Occupancy. Myth! New construction does require progressive inspections by the municipal building inspector for safety and code enforcement. If you are moving into a newly constructed home, I personally would recommend an independent home inspection also, as it will catch many loose ends.
* If the home's appraisal is excellent, there can't be anything wrong with the home and you don't need another inspection. Myth! A home's appraisal is based on many factors, including market conditions, location, and materials (HardiePlank and granite countertops, for example) but does not inspect for systems actually working or structural integrity.
* A home inspection will take about 30 minutes. Myth! A thorough home inspection should take from 2-5 hours depending upon the size and complexity of the home. There are hundreds of inspection points on a home inspection, including walking the roof and crawling the crawlspace.
Now that you are the home inspection expert, you can try these questions on your friends and see how they do.
Why a New Home Buyer Should Not Rely on the Former Buyers Home Inspection Report
This is a really good and important question. Many home buyers (and even agents) don't know exactly what a home inspector does. So let me clear the smoke right now.
There are basically 3 aspects to every home inspection:
1st - A home inspection is a visual, non-intrusive, & fair effort to discover the real material condition of the home during the time and day that the inspection takes place.
2nd - A home inspection isn't really about the home inspector telling you what's wrong with the home more than it is a discovery session for you to make sure you understand what you're buying so that you can decide if it falls within your expectations and is a good fit for your situation.
You see, my job is to make sure I align the reality of the home's condition with your expectations. If I can successfully do that, then I've done my job.
3rd - The home inspection report. The report is designed to summarize and convey the findings in a way that is clear, simple, complete, and easy-to-understand. If a home inspection is a snapshot in time of the condition of a home, then the report is the photo, itself (and a good report will have lots of photos). Without the report there is no real home inspection. It allows you to go back through the inspection as many times as you like in order to decide if the house is a good fit for you and your circumstances.
By nature, it's limited in scope to what can be seen, touched and tested, which particularly applies to vacant homes where a home inspector is forced to play detective and do the best they can during the short period of time they're at the home to find everything (good and bad) that you'll need to know in order to make an educated decision about the home.
If your schedule allows, you should also be encouraged to take advantage of the rare opportunity to follow a professional home inspector around your home who will invite your questions, concerns, and impart key information and advice that will certainly help you while you live in and maintain your home for years to come.
Some key points to remember about home inspections:
1. No house is perfect. Not even a brand new home. There will always be something worth noting in the report.
2. Not all home inspectors are created equal. Just like auto mechanics, some are better than others. Price should not be the most important consideration when comparing home inspection firms. Use word-of-mouth referrals, past client reviews, time in business, background, and expertise. This is especially true since you're making such a large and important investment.
3. A home inspection is an investment in the quality of your new home. View it as one. Personally, I always have a goal that the items I find in a home will at least cover the cost of the inspection when they are negotiated for repair. Of course, that doesn't always happens. Than again, sometimes my fee is tiny in comparison to what I find.
4. Old homes are like old people, the older they get the more attention they need (my sons laugh when I say that). Be sure to see older homes (50+) as they're supposed to be seen and try to avoid bringing the same set of expectations you had when you looked at that 10 year old home earlier in the day. It will not look or perform the same way. The 3 biggest concerns in every old home? The plumbing, electrical system, and foundation.
Top Questions, Facts, and Concerns About Home Inspection
For a Seller, getting a home inspection done before putting the home up for sale is very important as it helps in estimating the value of the property. It also helps in getting the home spruced up based on the inspection so that they can get the right price for the home without much negotiation.
If you are considering putting your house on sale, it is wise to invest in a certified home/property inspection soon.
The pre-inspection of a home is an excellent tool to help sell your property faster. After the inspection, the seller will be aware of the shortcomings and positive features of the home. Home sellers can then set a realistic price and refrain from overpricing that would delay a sale.
A thorough house inspection is a foreseeable reality of the real estate industry today. Buyers want to know exactly what they are paying for. This is why it is helpful to get a head start by employing a pre-listing home inspection company. A qualified home inspector will inform you of the "problem" areas of the house. This works to your advantage as you can evaluate the price of your home better.
Here is a list of advantages for a seller's home inspection:* Assess and evaluate the problem areas after an inspection before a buyer can raise doubts
* Armed with a home inspection report when meeting with a potential buyer, shows thoroughness and sincerity on the sellers' part
* Negotiating repairs can be avoided if the seller can take care of them before interacting with the buyer
* An inspected home may command a premium in the market
A seller's home inspection will highlight problem areas ranging from safety risks to property damage. It gives you the flexibility and time to hire the right contractors to attend to any necessary repairs.
A pre-listing property inspection also lets you assess your property in a method similar to that of a prospective buyer. This information is instrumental in determining the actual market value of your property. The home inspection report also empowers you with a great deal of advantage during price negotiations.
Sellers can also choose a few repairs that require immediate attention, to factor in price adjustment to reflect the findings. They could also opt to offer the home inspection report as a part of the Buyers disclosures. By doing so, prospective buyers are prepared for the actual condition of the home. This lowers the chances of buyers backing out of a deal.
With the comprehensive and detailed report that you receive at the end of your house inspection, you can answer any query or concerns regarding your property with prospective buyers. Today, frugal buyers may even waive a home inspection after checking that a pre-listing property inspection was already done by the seller.